The Reasons Behind Polkadot's (DOT) Anticipated Surpassing of Ethereum (ETH)
Polkadot (DOT) has come into the spotlight due to ETF developments and rising chart strength, suggesting a potential shift against larger assets like Ethereum. The US Securities and Exchange Commission's new ETF listing standards, which allow ETFs on assets with more than six months of regulated futures trading, have been met by DOT, and asset managers like Grayscale and 21Shares are developing DOT-backed exchange-traded products.
Additionally, Polkadot's impending network upgrade, JAM, adds parallel chains and eliminates fees, attracting more developers. With the price near key levels, the surge in volume hints at possible momentum shift. Despite a slight dip over the past week, the price and volume trends suggest a promising future for Polkadot, potentially even outpacing Ethereum.